My students learn very quickly that my favorite source of material to teach from comes from my missteps and mistakes. Gregory Go and Glenn Stansberry have pulled together a collection of 101 mistakes from a multitude of entrepreneurs at American Express OPEN. Here is how they describe their motivation for this this effort:
Let's be honest: running a small business is not an easy task. Especially in an economic downturn. Small business owners are keenly aware that mistakes can be very costly at this point in time.Indeed!! I shared a couple of my own mistakes -- or should I say "shared my experience" -- with them for this collection.
Yet in order to have success, at least a few mistakes have to be made along the way. It's a part of building and growing. Oscar Wilde once said 'experience is the name everyone gives to their mistakes.' And even the most successful business owners have had their fair share of blunders.
